{"id":490205,"date":"2022-08-30T16:41:18","date_gmt":"2022-08-30T13:41:18","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/financial-planning-as-a-career\/"},"modified":"2022-08-30T16:41:18","modified_gmt":"2022-08-30T13:41:18","slug":"financial-planning-as-a-career","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/financial-planning-as-a-career\/","title":{"rendered":"#Financial planning as a career"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a30a6cdb79fd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a30a6cdb79fd\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/financial-planning-as-a-career\/#%E2%80%9CFinancial_planning_as_a_career%E2%80%9D\" >&#8220;Financial planning as a career&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CFinancial_planning_as_a_career%E2%80%9D\"><\/span>&#8220;Financial planning as a career&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n                                                                        <strong>FRED ZHOU\u2019S CAREER<\/strong> as a financial planner has roots in his childhood. Growing up in Kamloops, B.C., Zhou would often serve as a translator for his mother, who did not speak much English. When he was eight, he and his mom met with a financial advisor who encouraged her to open a registered education savings plan for Fred and his brother. \u201cIf my mom had not met that person, she most likely wouldn\u2019t have invested in an RESP,\u201d Zhou says, \u201cand that might have meant a completely different future for us.\u201d<\/p>\n<p>Today, as a senior financial planner with TD Wealth, a division of TD Bank, in Kamloops, B.C., Zhou is following in the footsteps of the advisor who helped his family so many years ago. He is one of 17,000 Canadians, and more than 190,000 worldwide, who hold the Certified Financial Planner\u00ae designation, the gold standard of educational achievement in the field. Like them, he has discovered a career that not only pays well and is in high demand, but also allows him the freedom to choose his own path and his own style. Even more important, it gives him the power to support his community. \u201cI grew up here in Kamloops, and it means a lot to be able to give back.\u201d<\/p>\n<p><strong>What do financial planners do, exactly?<br \/><\/strong><span style=\"font-weight: 400\">Many jobs involve giving advice about money \u2014 insurance agent, stockbroker, money manager, banker and others \u2014 but a financial planner is a professional who is uniquely trained to develop strategies to help clients achieve financial goals. This can include tackling debt, building an investment portfolio, or planning for big life events, such as buying a home, having a child or retiring. Such tasks can be stressful and confusing, and advice from the internet can only help so much. A planner\u2019s job is to work closely with clients \u2014 and sometimes with their families and other experts such as lawyers and accountants \u2014 to help them understand their financial situation and define their aspirations, then make a clear plan for their success.\u00a0<\/span>\u201cYou can have a direct impact on the lives of the people who choose to work with you,\u201d Zhou says. \u201cWe are educators first and foremost, and our impacts can have a ripple effect on society that cannot be truly measured.\u201d<\/p>\n<p><strong>What qualities make a good financial planner?<\/strong><br \/>The most successful financial planners have strong \u201csoft\u201d skills, such as communication, empathy, listening and curiosity, says Christine Van Cauwenberghe, CFP\u00ae. She leads the financial planning division of IG Wealth Management, one of Canada\u2019s largest financial advisory firms. \u201cAfter a doctor, a financial planner can be someone\u2019s most important advisor,\u201d she explains. \u201cTo have the most impact on their financial health, you need to care about people, and you need to be good at asking questions.\u201d<\/p>\n<p>In Canada, the CFP designation and Qualified Associate Financial Planner\u2122 designation are granted and overseen by FP Canada, the national body dedicated to championing financial wellness for all Canadians. Those who are certified by FP Canada are required to conduct themselves with the highest professional and ethical standards, and to have the skills and education needed to guide clients on their financial planning needs. Although they are held to the same professional standards, CFP professionals have achieved a more advanced level of education compared to QAFP professionals, so they\u2019re able to tackle more complex financial planning scenarios. QAFP professionals are able to guide their clients on their everyday financial planning needs.<\/p>\n<p><strong>Does it pay well? What are the other benefits?<br \/><\/strong>Those with a CFP designation can expect a healthy income and plenty of freedom to choose their own career path. According to FP Canada, over half earn more than $100,000 a year and a quarter earn more than $200,000. Employment and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Social<\/a> Development Canada estimated last year that demand for financial planners is strong, and banks and financial advisory firms continually expand their wealth management offerings. While full-time employment is one possibility, many financial planners run their own businesses as entrepreneurs. Either way, they typically enjoy a lot of autonomy in building and maintaining their own client bases and business relationships. As Zhou says, \u201cEvery day is different.\u201d<\/p>\n<p>When you talk to financial planners, it quickly becomes clear that their greatest rewards are not just job security and a good salary, but the satisfaction of helping people achieve their dreams.<br \/>Jay Mallari, a QAFP\u2122 professional and president of Cambria Financial Solutions in Burnaby, B.C., recalls working with a couple who had been in Canada for more than a decade and had rented all that time. He helped them understand how to leverage RRSP contributions to put a down payment on a condo. Today, they are proud homeowners who are building equity for their family\u2019s future. \u201cHelping people that way \u2014 you can\u2019t put a price on that,\u201d he says.<\/p>\n<p><strong>Graduate with skills for an in-demand financial planning career. One that makes a difference in people\u2019s lives. Start at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.becomeafinancialplanner.ca\">www.becomeafinancialplanner.ca<\/a><\/strong><\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.macleans.ca\/sponsored\/financial-planning-as-a-career\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Financial planning as a career&#8221; FRED ZHOU\u2019S CAREER as a financial planner has roots in his childhood. Growing up in Kamloops, B.C., Zhou would often serve as a translator for his mother, who did not speak much English. When he was eight, he and his mom met with a financial advisor who encouraged her to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":490206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.macleans.ca\/wp-content\/uploads\/2022\/08\/fpcanada_Fred-1-766x431.png","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[10574,132786],"class_list":["post-490205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-education","tag-financial-planning"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/490205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=490205"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/490205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/490206"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=490205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=490205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=490205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}